AN OLD IDEA FROM TWO FAMILIAR NAMES

Lawyer/promoter Donald Regan and Gary Davidson yesterday
announced that they are "intensely interested" in establishing a
new baseball league, to be stocked with baseball's striking
players and to begin play next spring. Regan and Davidson
together founded the American Basketball Association, the World
Hockey Association and the World Football League. Regan: "Now is
the time to do it because of the strike and the fact that there
may not be a 1995 season. The opportunities are mind-boggling."
Regan dismissed speculation that a new league would be "hard-
pressed" to find available stadiums. Regan said that MLB owners
would not be able to shut a rival league out of municipally owned
facilities: "Municipally owned stadiums, by law, must operate on
a competing-bid basis" (William Houston, Toronto GLOBE & MAIL,
9/21).